The rehabilitation credit applies to costs you incur for rehabilitation and reconstruction of certain buildings. Rehabilitation includes renovation, restoration, and reconstruction. It does not include enlargement or new construction.

Generally, the percentage of costs you can take as a credit is:

• 10% for buildings placed in service before 1936
• 20% for certified historic structures

See the Instructions for Form 3468 (PDF) for more information.

Topical Tax Briefs

Facade Easement Contributions (PDF)

Late Submisson of "HPC Application" (PDF)

Property Leased to a Tax-Exempt Entity (PDF)

Use of the Rehabilitation Tax Credit by Lessees (PDF)

Rehabilitation Tax Credit Recapture (PDF)

Allocations of Tax Credit (PDF)

The Tax Effect of Grant Money in Rehabilitation Tax Credit Projects (PDF)

Differences Between the Historic Rehabilitation Tax Credit and Low-Income Housing Tax Credit (PDF)

IRS Connection

How to contact us.

Get Frequently Asked Questions (PDF) about the Tax Aspects of Historic Preservation.

Additional Resources

Regulation Section 1.48-12(f)(2) Qualified rehabilitated building; expenditures incurred after December 31, 1981

Internal Revenue Code Section 47

Form 3468, Investment Credit (PDF)

Form 3468 Instructions (PDF)

Rehabilitation Tax Credit Audit Technique Guide (PDF)

National Housing & Rehabilitation Association